Friday, February 26, 2010

Freddie Mac to Eliminate Interest Only Option. Lender Overlays Loom (source: Mortgage News Daily)

Posted To: MND NewsWireFreddie Mac is taking another step in the direction of historically responsible lending habits. The Enterprise today announced it would no longer offer interest only loans as of Sept. 2010. Lenders will undoubtedly enforce this guide... (source: Mortgage News Daily) - RSS news feeds and Widgets on Feedzilla.com
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